Newark, NJ
Population 307,188 · New Jersey
About Newark, NJ
Newark is a major city in New Jersey with a population of 307,188 residents. The median household income is $48,416 per year, which is below the national average. The median age in Newark is 34.8 years.
Housing in Newark has a median home value of $337,800 and median monthly rent of $1,330. Of the 121,604 total housing units, renting is more common than owning, with 27,434 owner-occupied and 86,314 renter-occupied units.
The unemployment rate in Newark is 10.9% and the poverty rate is 24.7%. 17.4% of residents hold a bachelor's degree or higher. The average commute time is 33.2 minutes.
How Newark Ranks in New Jersey
Cost of Living in Newark, NJ
Compared to national averages, Newark has a median household income of $48,416 (36% below the national median of $75,149). Home values average $337,800, which is 38% above the national median. Monthly rent at $1,330 is 14% above the US average of $1,163. Within New Jersey, Newark's income is 58% below the state average of $115,667, and home values are 28% below the state median of $469,644.
Why Live in Newark, NJ?
Potential considerations include median household income ($48,416) that falls below the national average. However, as a major city, Newark provides access to a wide range of amenities and services.
Newark has a population of 307,188 with a median age of 34.8 years. Compare Newark with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Newark
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jersey City | 289,691 | $94,813 | $534,500 | Compare |
| Paterson | 157,660 | $53,766 | $335,400 | Compare |
| Elizabeth | 135,887 | $63,874 | $393,500 | Compare |
| Toms River | 93,915 | $95,759 | $377,800 | Compare |
| Trenton | 89,966 | $47,102 | $122,500 | Compare |
| Clifton | 89,247 | $99,003 | $444,300 | Compare |
| Camden | 71,471 | $40,450 | $100,400 | Compare |
| Bayonne | 70,468 | $81,285 | $446,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Newark
What is the population of Newark, NJ?
The population of Newark, NJ is 307,188 according to the latest Census data.
What is the median household income in Newark?
The median household income in Newark, NJ is $48,416 per year.
What is the median home value in Newark?
The median home value in Newark, NJ is $337,800.
What is the average rent in Newark?
The median monthly rent in Newark, NJ is $1,330.
What is the unemployment rate in Newark?
The unemployment rate in Newark, NJ is 10.9%.